Back 131/3 Bay Street
Off Market

131/3 Bay Street

Lorne VIC 3232

2
2
1
Apartment
Last sold for $385,000
David BaldryDavid Baldry, last sold this property on 22 July 2025 after 28 days on market.

Overview

Beachside Bliss in Your Perfect Investment and Getaway

Nestled in the heart of stunning Lorne, this prime 1-bedroom freehold apartment offers an unbeatable combination of lifestyle and investment potential. Located within walking distance to the main surf beach, boutique shops and vibrant dining scene, this property presents a rare opportunity to own a piece of paradise with freehold ownership and an exciting income stream. You will love it because of the ultimate coastal convenience and being just steps away to the golden sands, surf and everything Lorne has to offer. This is a fantastic investment-generating excellent rental income while securing your own personal stays each year. Whether you are looking to boost your portfolio, secure a holiday retreat, or invest in coastal real estate, this is an opportunity not to be missed.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Lorne over the last 12 months, the estimated median property value of 131/3 Bay Street is $512.5k.

Median value
$512.5k
Estimated value range
$170k - $1.51m
Median days on market
158
Estimated value trend
-38%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Lorne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 131/3 Bay Street

2025
Sold
$385,000
22 Jul 2025 by David Baldry, of Smyth Real Estate Lorne
2023
Sold
$410,000
19 Jan 2023 by Karen Stribling, of Great Ocean Road Real Estate Lorne

Happy sellers in Lorne

54%
54% of sellers in Lorne reported that their sale price either exceeded or met their price expectations.

Lorne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Lorne over the last 12 months.

Local market activity for 2 bedroom apartments in Lorne

In the last 12 months, 7 two-bedroom apartments similar to 131/3 Bay Street, have been sold.

This represents a 34% increase in two-bedroom apartments sales when compared to the previous 12 months.

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